Following the 488 theme, the J50 is powered the 3.9-litre V8 that won the overall 2016 International Engine of the Year Award. However, the J50's version has been tweaked to provide an extra 20hp and although performance figures are not available, expect it to be just a little faster than the 488's 0-100kmh time of 3sec and top speed of little more than 325kmh.

The bodywork is all new and the design approach, Ferrari says, was led by the desire to create a very low-slung roadster while encapsulating the carmaker's values of nimbleness and agility.

The company claims the "helmet visor" effect, which spawns from the window graphic, is reminiscent of their open competition barchettas going as far back as the 1950s, with the black dividing line a novel interpretation of a recurring styling cue seen on iconic models such as the GTO, F40 and F50.

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The Ferrari J50 is based on the 488 Spider.

Carbon fibre features prominently of course, including the hard targa top which is divided into two pieces and can be stowed behind the seats.

The J50 presented at the launch in Tokyo is finished in a special shade of three-layer red with a red-over-black interior trimmed in fine leather and Alcantara. However, each of the 10 cars to be built will be tailored to suit the customer's desires.

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The red-over-black interior trimmed in fine leather and Alcantara of the Ferrari J50.